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Gracias Eyes AI and Energy Bets After Roughly $100B SpaceX Windfall

July 1, 2026 at 16:38 EDT

Funding & M&A
Infra & Chips
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Antonio Gracias, a long-time SpaceX board member, is weighing fresh investments in artificial intelligence, energy and space after bets tied to Elon Musk's companies delivered his fund a return of roughly $100 billion. According to a Bloomberg report on July 1, 2026, Gracias outlined the strategy on a private call with investors in Valor Equity Partners, saying he is tracking several startups founded by former SpaceX engineers and is interested in space-ecosystem companies that can complement and connect to SpaceX's mission. Report details

July 1, 2026 · Valor Equity Partners

A $100B SpaceX Windfall Fuels the Next Bets on AI, Energy & Space

Long-time SpaceX board member Antonio Gracias — whose fund netted roughly $100 billion from Elon Musk's companies — is now hunting new investments across AI, energy and space, backed by proceeds from SpaceX's June 2026 IPO.

~$97B

Valor's SpaceX stake at IPO (~7% / 500M+ Class A shares)

$24.4B

Gracias's personal net worth, driven by the holding

~$2.5B

New Fund VII being raised on the returns

The scale of the windfall

A single SpaceX stake now dwarfs the rest of the firm and the fund it seeds.

~$2.5B

New Fund VII

~$55B

Valor AUM (end 2025)

~$97B

SpaceX stake at IPO

Each block ≈ $14B · columns scaled to value

From windfall to the next wave

SpaceX IPO

~$100B in returns

→

Fund VII

~$2.5B raised

→

New bets

AI · Energy · Space

"One of the most important companies in human history" — Gracias plans to hold his SpaceX shares "as long as possible."

Deep AI ties

~$20B in GPU / AI data-center leasing contracts for xAI (Oct 2025–Apr 2026).

Musk insider

Tesla lead director 2007–2021; board seats at SpaceX, SolarCity, Neuralink, Boring Co.

Optimistic view

Investors and observers largely see the long-term stance and new fund as "the next wave" — early SpaceX backers like Founders Fund, a16z and Sequoia are raising too, accelerating space & AI capital.

Caution

Detail on specific targets and track records is thin, and post-IPO liquidity plus valuation swings warrant close watching.

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